Rego Park Market Update

The median sales price for homes in Rego Park for Oct 11 to Dec 11 was $485,000. This represents a decline of 11.5%, or $63,000, compared to the prior quarter and a decrease of 18.1% compared to the prior year. Sales prices have appreciated 84.3% over the last 5 years in Rego Park, Queens.

 The median sales price of $485,000 for Rego Park is 18.14% lower than the median sales price for Queens NY. Average listing price for homes in Rego Park was $358,333 for the week ending Jan 25, which represents an increase of 15.6%, or $48,238 compared to the prior week and an increase of 47.4%, or $115,190, compared to the week ending Jan 04. Average price per square foot for homes in Rego Park was $410 in the most recent quarter, which is 6.61% lower than the average price per square foot for homes in Queens.